Own a Piece of Panama City Beach History at the Fountainebleau Terrace! This rental machine studio unit generated $18,796 gross income in 2024 and $14,385 so for in 2025. Seller will consider owner financing with acceptable terms. Perched on the 6th floor, west side, end unit, this condo offers breathtaking views of the Gulf's beautiful sunsets. Fountainebleau Terrace is one of the most historic and iconic buildings in Panama City Beach, featuring a resort-style swimming pool with shaded areas, a fitness center, and direct beach access. This fully furnished studio is turnkey and ready for rental income or your own personal getaway. The HOA fee covers all utilities, including power, cable, water, sewer, trash, and Wi-Fi-making ownership hassle-free. Plus, you're just minutes from Pier Park, shopping, dining, entertainment, sports complexes, and more! Don't miss this opportunity to own a prime beachfront retreat-schedule your showing today!
Property Features
Bedrooms
- Bedrooms: 0
- Bedroom 1 Dimensions: 16' x 12'
Other Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathroom 1 Dimensions: 9' x 6'
Appliances
- Freezer
- Microwave
- Refrigerator
Heating and Cooling
- Cooling Features: WallUnits
- Heating Features: Electric
- Heating: Yes
Exterior and Lot Features
- Balcony
- Patio And Porch Features: Balcony
Pool and Spa
Waterfront and Water Access
Garage and Parking
- Attached Garage: Yes
- Parking Features: Attached, Garage
Manufactured and Mobile Info
Land Info
Home Features
Homeowners Association
- Association: Yes
- Association Amenities: GameRoom
- Association Fee Includes: CableTv, Electricity, Insurance, Internet, LegalAccounting, PestControl, Pools, Sewer, Water
School Information
- Elementary School: Hutchison Beach
- High School: Arnold
- Middle School: Surfside
Rental Info
- Units Furnished: AllUnits
Amenities and Community Features
- Community Features: Beach, Clubhouse, ConferenceMeetingRoom, Elevator, FitnessCenter, GameRoom, LaundryFacilities, Pool, Waterfront, ShortTermRentalAllowed
Other Property Info
- Annual Tax Amount: 2099
- Source Listing Status: Active
- County: Bay
- Directions: Cross Hathaway Bridge from Panama City, Keep right onto Front Beach Rd (US-98 W). Go for 0.5 mi. Keep right onto Back Beach Rd (US-98 W) toward PC Bch Pkwy. Go for 4.6 mi. Turn left onto Clara Ave (CR-30C). Go for 0.5 mi. Turn right onto Hutchison Blvd (SR-392A). Go for 0.5 mi. Continue on Front Beach Rd (SR-30). Go for 0.6 mi. Arrive at destination.
- Tax Year: 2024
- Restrictions: ShortTermRentalsAllowed
- Source Property Type: Residential
- Area: 03 - Bay County - Beach
- Property Subtype: condo
- MLS Area Minor: 0318 - Beach - Central South
- Source Neighborhood: Fontainebleau Terrace
- Parcel Number: 34511-614-000
- Postal City: Panama City Beach
- State Region: FL
- Subdivision: Fontainebleau Terrace
- Zoning Description: Commercial
- Property Subtype: Condominium
Building and Construction
- Year Built: 1965
- Building Area Total: 330
- Construction Materials: Concrete
- Living Area Source: Appraiser
- Property Age: 60
- Levels or Stories: 7
- Architectural Style: MidRise
Utilities
